Wedbush Forecasts Roku’s FY2026 Earnings (NASDAQ:ROKU)

Roku, Inc. (NASDAQ:ROKU) – Equities research analysts at Wedbush upped their FY2026 earnings per share (EPS) estimates for Roku in a report released on Wednesday, January 8th. Wedbush analyst A. Reese now forecasts that the company will post earnings of $0.22 per share for the year, up from their prior forecast of $0.19. Wedbush has a “Outperform” rating and a $100.00 price objective on the stock. The consensus estimate for Roku’s current full-year earnings is ($1.10) per share.

Roku (NASDAQ:ROKU) last posted its quarterly earnings data on Wednesday, October 30th. The company reported ($0.06) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.35) by $0.29. The firm had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.02 billion. Roku had a negative net margin of 4.42% and a negative return on equity of 7.22%. The business’s revenue for the quarter was up 16.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($2.33) EPS.

ROKU has been the subject of several other reports. Macquarie reiterated an “outperform” rating and issued a $90.00 target price on shares of Roku in a research report on Thursday, October 31st. Bank of America upped their price target on shares of Roku from $75.00 to $90.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Citigroup lifted their price objective on shares of Roku from $60.00 to $77.00 and gave the company a “neutral” rating in a research note on Wednesday, September 25th. Robert W. Baird raised Roku from a “neutral” rating to an “outperform” rating and upped their price target for the stock from $70.00 to $90.00 in a research note on Monday, November 18th. Finally, Loop Capital upped their price objective on shares of Roku from $70.00 to $80.00 and gave the stock a “hold” rating in a report on Monday, December 9th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating, twelve have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $82.62.

Roku Stock Performance

Shares of ROKU opened at $79.19 on Thursday. The firm has a market cap of $11.50 billion, a price-to-earnings ratio of -65.99 and a beta of 2.05. Roku has a 52-week low of $48.33 and a 52-week high of $99.80. The business’s fifty day moving average is $75.99 and its 200-day moving average is $69.89.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in ROKU. Everence Capital Management Inc. bought a new stake in Roku during the 4th quarter valued at $350,000. Franklin Resources Inc. raised its holdings in shares of Roku by 14.5% in the third quarter. Franklin Resources Inc. now owns 82,170 shares of the company’s stock valued at $6,275,000 after acquiring an additional 10,416 shares in the last quarter. Sender Co & Partners Inc. purchased a new stake in Roku in the third quarter worth about $827,000. M&T Bank Corp grew its holdings in Roku by 19.1% during the 3rd quarter. M&T Bank Corp now owns 7,024 shares of the company’s stock worth $525,000 after acquiring an additional 1,126 shares in the last quarter. Finally, Raelipskie Partnership purchased a new position in Roku during the 3rd quarter valued at about $32,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Insider Transactions at Roku

In related news, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction on Tuesday, December 10th. The stock was sold at an average price of $82.64, for a total value of $2,066,000.00. Following the completion of the sale, the chief executive officer now directly owns 26,538 shares in the company, valued at $2,193,100.32. This trade represents a 48.51 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Dan Jedda sold 1,000 shares of the business’s stock in a transaction on Tuesday, October 15th. The shares were sold at an average price of $76.25, for a total transaction of $76,250.00. Following the transaction, the chief financial officer now owns 53,267 shares in the company, valued at $4,061,608.75. This trade represents a 1.84 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 48,095 shares of company stock valued at $3,731,038. 13.98% of the stock is currently owned by insiders.

Roku Company Profile

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.